Cruise Automation is focused on creating fully-automated, self-driving cars that are safe, shared, and all-electric.
Their Cruse First-Generation AV was customized and based on the Chevy Bolt, logging millions of hours to teach the AI the rules of the road. Their second-generation vehicle is planned to have no steering wheel, no pedals, and a fully-automated experience.
Cruise Automation has also teamed up with Walmart to launch an all-electric and autonomous grocery delivery service.
Cruise Automation is now estimated to be valued at around $30 billion.
Cruise Valuation History
Cruise Stock Price
The stock price of Cruise can be calculated by taking the valuation of the company divided by the number of shares outstanding. Because a private company can issue new shares at any time, we do not know the current number of shares outstanding.
For illustrative purposes, however, assuming Cruise has issued 250 million shares, at the estimated UpMarket valuation of $24.44 billion, each share of Cruise stock would be worth $97.77.
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One of our investor relations team members will contact you to discuss Cruise stock availability. Note: inquiries are non-binding and shares may only be purchased by accredited investors that meet all eligibility criteria.
UpMarket has offered many similar companies as Pre-IPO investments, including Airbnb, SpaceX, ByteDance, Plaid, Kraken, Databricks, and others. UpMarket also often has funds available that invest in a portfolio of companies potentially including, Cruise as well.
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